Loading…
EUR/USD fell sharply to near 1.0420 as President Trump reiterated threats of 25% tariffs on European cars and other imports and said reciprocal tariffs would take effect April 2. The US Dollar Index rose above 107.00 as the dollar gained safe-haven appeal.
New tariff threats on euro-area trade and a stronger dollar raise the risk of reduced transatlantic trade flows and make US dollar-priced commodities more expensive for European buyers.
fxstreet.comSagar DuaFeb 27, 2025After 23 past trade events, EURUSD moved a median -0.4% over 5 sessions (43% higher; middle half -0.9% to +0.7%), and +0.5% over 20.
After 45 past bullish trade events, DXY moved a median -0.0% over 5 sessions (42% higher; middle half -0.3% to +0.4%), and -0.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
